\n\u201cToday, the big clouds have built business models on capturing your data, making it hard to move your data. These captivity clouds will lure you in with one product, and make it near impossible to mix and match competitive offerings across the cloud space,\u201d said Matthew Prince, CEO, Cloudflare. \u201cCloudflare offers an alternative: the connectivity cloud. Fundamentally, we are a network that makes it easy for you to connect and protect everything. We sit atop everything else and connect anything that\u2019s online \u2014 whether it\u2019s a cloud, a device, a database, or on-premises hardware \u2014 so businesses can escape the grasp of the cloud captors.\u201d<\/p>\n
Organizations Are Losing Control Over Their IT and Security Environments<\/b><\/p>\n
\nIn the last several years, organizations across the globe have seen a dramatic increase in the adoption of more applications, often SaaS-based, to help teams efficiently and collaboratively operate in a hybrid work environment. However, this has introduced new risks and challenges and led nearly 40% of organizations to agree or strongly agree that they are losing control over their IT and security environments. Specifically, organizations ranked the top four factors that are contributing to the overall loss of control as an increase in the overall number of applications (66%), an increase in locations for applications (62%), the shift from on premise to cloud (54%), and the shift to remote\/hybrid workforces (49%).<\/p>\n
New and More Complex Responsibilities Are Burdening Today\u2019s IT and Security Teams<\/b><\/p>\n
\nIT and Security teams are now tasked with responsibilities to remain productive and compliant while managing an increasingly complex landscape \u2014 and a third of organizations say these new responsibilities weren\u2019t in their purview five years ago. For instance, 52% of IT and security teams were not responsible for ensuring security for all in-office, remote or hybrid workers five years ago, but are today. What\u2019s more, greater than 40% are also now responsible for managing and securing applications in public cloud environments or managing and securing data in SaaS environments<\/a>, despite not owning these areas five years ago. These tasks are also becoming harder since 2020, with 30% of teams noting that managing and securing both public cloud environments, and data in SaaS environments, is significantly more complex today than ever before.<\/p>\n Ignoring the Challenges of Today\u2019s Changing Landscape Will Have Real Business Impact<\/b><\/p>\n \nIT and security leaders see their major challenges revolving around managing a growing business landscape while ensuring their team remains productive and secure. Nearly 50% of organizations see the growing number and types of users \u2014 spanning human, machine, and third party \u2014 as one of their top five challenges they face today. The top five challenges also include the difficulty of maintaining or improving their team\u2019s productivity (44%) and addressing growing attack surface areas (44%). If not adequately addressed, these challenges are expected to have a direct impact on the customer experience, productivity, and their organization\u2019s competitive advantage.<\/p>\n A Connectivity Cloud Can Help with Digital Transformation, While Decreasing Risk and Increasing Productivity<\/b><\/p>\n \n98% of organizations agree that today\u2019s businesses would gain value from a connectivity cloud that provides secure, performant, \u201cany-to-any\u201d connectivity (i.e., connectivity between more people, apps, data, devices, networks, and clouds) more now than ever before. Nearly half of respondents believe this type of solution would accelerate digital transformation<\/a>, while reducing attack surface area. 58% of leaders also believe this solution would increase productivity, 54% see it improving time to market, and 54% of businesses believe it would grow overall revenue.<\/p>\n Methodology<\/b><\/p>\n \nIn September 2023, Cloudflare commissioned Forrester Consulting to evaluate the IT and security ecosystem. Forrester conducted an online survey with 449 IT decision makers across North America, Europe, APAC, and Latin America.<\/p>\n Customer Testimonials<\/b><\/p>\n \n\u201cWith 12,000+ stores and more than 11 million transactions every day, Carrefour needs a platform that we trust to connect, manage, secure, and accelerate online experiences,\u201d said Guillaume C\u00e9cile, Operational Security Manager at Carrefour. \u201cThat\u2019s why we rely on Cloudflare and its global network to help deliver security, performance, visibility, and reliability\u2014everywhere we, and our customers, do business.\u201d<\/p>\n \n\u201cEvery day, Indeed connects millions of people to new opportunities. Operating at this scale means control and simplicity are key, especially in how we run our IT and security teams,\u201d said Anthony Moisant, CIO and Chief Security Officer at Indeed. \u201cWith Cloudflare, we\u2019re able to connect, secure, and optimize the digital experience of our 350 million monthly unique visitors in a connected, cloud-native manner.\u201d<\/p>\n \nTo learn more, please check out the resources below:<\/p>\n About Cloudflare<\/b><\/p>\n \nCloudflare, Inc. (NYSE: NET) is the leading connectivity cloud company. It empowers organizations to make their employees, applications and networks faster and more secure everywhere, while reducing complexity and cost. Cloudflare\u2019s connectivity cloud delivers the most full-featured, unified platform of cloud-native products and developer tools, so any organization can gain the control they need to work, develop, and accelerate their business.<\/p>\n \nPowered by one of the world\u2019s largest and most interconnected networks, Cloudflare blocks billions of threats online for its customers every day. It is trusted by millions of organizations \u2013 from the largest brands to entrepreneurs and small businesses to nonprofits, humanitarian groups, and governments across the globe.<\/p>\n \nLearn more about Cloudflare\u2019s connectivity cloud at cloudflare.com\/connectivity-cloud<\/a>. Learn more about the latest Internet trends and insights at https:\/\/radar.cloudflare.com<\/a>.<\/p>\n \nFollow us: Blog<\/a> | X<\/a> | LinkedIn<\/a> | Facebook<\/a> | Instagram<\/a><\/p>\n Forward-Looking Statements<\/b><\/p>\n \nThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words such as \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cexpect,\u201d \u201cexplore,\u201d \u201cplan,\u201d \u201canticipate,\u201d \u201ccould,\u201d \u201cintend,\u201d \u201ctarget,\u201d \u201cproject,\u201d \u201ccontemplate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cpredict,\u201d \u201cpotential,\u201d or \u201ccontinue,\u201d or the negative of these words, or other similar terms or expressions that concern Cloudflare\u2019s expectations, strategy, plans, or intentions. However, not all forward-looking statements contain these identifying words. Forward-looking statements expressed or implied in this press release include, but are not limited to, statements regarding the capabilities and effectiveness of Cloudflare\u2019s products and technology, the benefits to customers of Cloudflare\u2019s products and technology, the timing of when Cloudflare\u2019s product and technology features will be generally available to all current and potential Cloudflare customers, Cloudflare\u2019s technological development, future operations, growth, initiatives, or strategies, and comments made by Cloudflare\u2019s CEO and others. Actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in Cloudflare\u2019s filings with the Securities and Exchange Commission (SEC), including Cloudflare\u2019s Quarterly Report on Form 10-Q filed on August 3, 2023, as well as other filings that Cloudflare may make from time to time with the SEC.<\/p>\n \nThe forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Cloudflare undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Cloudflare may not actually achieve the plans, intentions, or expectations disclosed in Cloudflare\u2019s forward-looking statements, and you should not place undue reliance on Cloudflare\u2019s forward-looking statements.<\/p>\n \n\u00a9 2023 Cloudflare, Inc. All rights reserved. Cloudflare, the Cloudflare logo, and other Cloudflare marks are trademarks and\/or registered trademarks of Cloudflare, Inc. in the U.S. and other jurisdictions. All other marks and names referenced herein may be trademarks of their respective owners.<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230926147514\/en\/<\/a><\/span><\/p>\n \nCloudflare, Inc. KEYWORDS:<\/b> Ireland United States Singapore United Kingdom North America Asia Pacific Europe California<\/p>\n INDUSTRY KEYWORDS:<\/b> Data Management Security Technology Software Networks Carriers and Services<\/p>\n\n
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Daniella Vallurupalli
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Vice President, Head of Global Communications
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press@cloudflare.com<\/a><\/p>\n
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